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Ind. Code § 24-4-5-5

Trademarks; deposits for safekeeping not constituting sale

Formerly: Acts 1971, P.L.365, SEC.1

Sec. 5. Acceptance of money by a registrant as a deposit to secure safekeeping and return of a circulating product or delivery container does not constitute a sale of the property, either optional or otherwise, in any proceeding under this chapter.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.